Catylist ID:
#30834818
38 Unit - Mid Rise Apartment Building - FOR SALE
Multi-Family
for Sale
| Catylist Listing ID: | 30834818 |
| Property Subtypes: | Mid-Rise |
| Number of Units: | 38 Units |
| Building Size (RSF): | 1 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 18,099 SF |
| Sale Price: | $1 |
| Unit Price: | $0.03 Per Unit |
| Property Use Type: | Investment |
| Building Name: | Lincoln Towers |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/25/2023 |
Overview / Comments
|
Rockport Brokers & Associates has been retained as the exclusive agent to market For Sale “Lincoln Towers" located at 33 Kennedy Street. THE INFORMATION: Lincoln Towers stands tall across from the Manitoba Legislative Building near the Assiniboine River. Current ownership has found great success in keeping the large suites occupied on a full calendar year. THE RENOVATIONS: - Boiler System - Roof - Domestic hot and cold water THE OPPORTUNITY: 33 Kennedy features Large Suites with the opportunity for a value add acquisition. Take advantage of existing CMHC Programs with favorable interest, fees and amortization schedule. TOTAL SUITES: 38 Suites SUITE MIX: Bachelor x 14, One Bedroom x 8, Two Bedroom x 16 PARKING: 43 Stalls ZONING: D – Downtown Living Sector BUILDING AMENITIES: - On-site Caretaker - On-site Laundry OFFERING PROCESS: 33 Kennedy is being offered For Sale Unpriced. Physical property tours are scheduled on May 3rd and May 10th from 1:00PM - 4:00PM (CST). All qualified purchasers must have reviewed all of the provided information following an executed Confidentiality Agreement and register for the above noted property tour. Offers and Expressions of Interest are to be submitted by 2:00 PM (CST) on May 16, 2023. Please contact DJ Trudeau or Andrew Thiessen at 204.453.7653 or info@djtrudeau.ca for further information. |
Attachments & Media
Additional Details
| Nearest MSA: | Winnipeg |
| Market: | Winnipeg |
| Tax ID/APN: | 12092684500 |
| Zoning: | D - DOWNTOWN |
| Number of Stories: | 8 |
| Year Built: | 1959 |
| Roof Type: | Flat |
| Construction/Siding: | Brick, Concrete |
| Parking Type: | Surface |
| Passenger Elevators: | 1 |
| Laundry: | Shared |
| Heat Type: | Hot Water |
| Heat Source: | Radiant |
| Fuel: | Gas |
| Lot Frontage: | 150 |
| Lot Depth: | 150 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| © Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Winnipeg Regional Real Estate Board nor Moody's assume any liability for errors or omissions. |
